Crypto AM shines its Spotlight on AgAu July 28, 2020 AgAu – The Peer-to-peer, Electronic, Money System. Referencing Satoshi Nakamoto’s white paper: Bitcoin, a peer-to-peer, electronic, cash system, AgAu makes a distinction between cash/currency and money. “Cash or currency is fiat. Gold on the other hand, is money. Currency can be a medium of exchange; gold is a store of value. Over the long term [...]
Cryptocurrency probes rise October 7, 2019 Investigations by the City watchdog into cryptocurrencies have climbed sharply in the last year amid a growing effort to tackle fraud in the sector. The Financial Conduct Authority (FCA)’s number of live probes into cryptocurrency businesses jumped 74 per cent to 87 in the last 12 months. Read more: Rising recession risk frightens business According [...]
Facebook libra: Could regulators crush Mark Zuckerberg’s dream cryptocurrency? August 27, 2019 Mark Zuckerberg’s decision this summer to launch a digital currency – Facebook libra – sparked the interest and concern of regulators around the world. Watchdogs have warned that without tight regulations libra could be used for money laundering and financing terrorism. They have also raised concerns over the potential risks it poses to data protection [...]
Blockchain: Protecting our Democracy August 25, 2020 As the US and indeed the world, faces one of its most important elections for many years, the Covid19 world has brought increased political pressure on the under-funded US Postal Service and the security of remote / mail-in voting generally. Important themes for all of us globally. Even though conservatives are generally more fearful of [...]
Why Decentralized Finance (DeFi) is Revolutionary June 16, 2020 Decentralized finance (DeFi) is one of the areas in crypto that has received notable traction. At a high level, DeFi aims to re-create the financial system that we use today but in a way that removes the need for intermediaries like banks. Bitcoin, which most readers will probably be familiar with, laid the foundation for [...]
Cryptocurrencies have ‘no intrinsic value’, warns FCA July 31, 2019 Investors should be cautious over cryptocurrencies such as Bitcoin as they have “no intrinsic value”, the City regulator has warned. In a statement released today, the Financial Conduct Authority (FCA) said consumers must ensure they understand and can bear the risks of volatile digital currencies. Read more: US senators grill top exec over Facebook’s Libra [...]
Two sides of the same coin May 19, 2020 Among the many questions we have concerning the future of our society, I doubt that anyone would ask if technology will be less or more present in our lives tomorrow. I believe we all know the answer: our lives and the key structures of our society will continue to rely more and more on technology. [...]
Can cryptocurrencies wean the world off the US dollar? October 17, 2019 There has been a huge shift in the global economy over the past 60 years. The US is still one of the biggest economic forces around the globe, but its influence on the world stage has waned as emerging economies have developed. The US accounted for as much of 40 per cent of the world’s gross [...]
How companies can navigate the Wild West of today’s blockchain ecosystems April 7, 2020 Piers Ridyard, CEO of Radix DLT, gives an overview to James Bowater, City AM’s Crypto Insider on the benefits independent testing of Distributed Ledger Technology platforms can bring to the industry and why businesses should take note. The rise of Distributed Ledger Technology (DLT) startups and cryptocurrencies in the last decade has sparked its fair [...]
The Crypto circus is back in town! This year’s star attraction? DeFi (Part 2) September 8, 2020 When the gas escaped from the ICO bubble market in early 2018, speculators and developers scrambled to find a new way to generate the huge funds and rampant growth previously offered by now collapsed initial coin offerings. DeFi is just the latest in the line of new, and ultimately self defeating attempts to bring back [...]